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Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

Asia Pacific

Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period
Asia Pacific

Asia Pacific

Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

2026-06-01 18:30 Last Updated At:18:42

  • New 3-year premium payment term delivers 6-year guaranteed breakeven, one of the shortest in Hong Kong
  • Advanced payout and succession structures mirror the control of a private trust, meeting bespoke wealth planning needs for affluent clients with diverse financial goals.
  • HONG KONG SAR - Media OutReach Newswire – 1 June 2026 - Chubb Life Hong Kong has raised the standard for savings insurance with a major enhancement to its flagship product,Chubb MyLegacy Insurance Plan V ("Chubb MyLegacy V"). The new three-year premium payment option ("3-pay option") delivers a guaranteed breakeven period as little as six years1 – making it one of the fastest among comparable savings insurance plans in the Hong Kong market2. This upgrade empowers customers to accelerate wealth growth and plan their legacy with greater flexibility.

    Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

    A recent report by Hong Kong Institute for Monetary and Financial Research found that 40% of pre-retirees in Hong Kong identify market volatility as a major threat to their savings. Chubb MyLegacy V addresses this concern by offering a holistic solution that balances liquidity needs with long-term, multi-generational wealth transfer.

    The Plan offers two distinct options catering to varied financial goals:

    • Chubb MyLegacy V – Harvest (Payment terms: 3 / 5 years): Optimized for capital efficiency and liquidity, driving potential wealth accumulation over short to medium terms with a faster guaranteed breakeven.
    • Chubb MyLegacy V –Blossom (Payment terms: 2 / 5 / 8 / 12 years): Ideal for mid-to-long-term saving goals, offering flexible withdrawals and payouts to facilitate seamless legacy planning across generations.

    HONG KONG SAR - Media OutReach Newswire – 1 June 2026 - Chubb Life Hong Kong has raised the standard for savings insurance with a major enhancement to its flagship product,Chubb MyLegacy Insurance Plan V ("Chubb MyLegacy V"). The new three-year premium payment option ("3-pay option") delivers a guaranteed breakeven period as little as six years1 – making it one of the fastest among comparable savings insurance plans in the Hong Kong market2. This upgrade empowers customers to accelerate wealth growth and plan their legacy with greater flexibility.

    Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

    Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

    A recent report by Hong Kong Institute for Monetary and Financial Research found that 40% of pre-retirees in Hong Kong identify market volatility as a major threat to their savings. Chubb MyLegacy V addresses this concern by offering a holistic solution that balances liquidity needs with long-term, multi-generational wealth transfer.

    The Plan offers two distinct options catering to varied financial goals:

    Chubb MyLegacy V also offers a flexible and economical alternative to traditional family trusts, making legacy planning accessible without a high asset threshold. Customers benefit from dynamic succession planning, multiple successor options, policy continuation for beneficiaries, support for minor successor owners, and the ability to designate charitable organizations as beneficiaries.

    Other key benefits include:

    • Market-leading capital recovery: The new 3-pay option in Chubb MyLegacy V – Harvest achieves full guaranteed breakeven within six years.
    • Flexible liquidity: Clients can access their policy's value through cash withdrawals and annuity, supporting both planned and unexpected needs throughout their wealth journey.

    Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, said, "Chubb MyLegacy Insurance Plan V is built around what matters most to our customers – flexibility, security, and the ability to grow and protect their wealth for future generations. The new 3-pay option offers one of the fastest guaranteed breakeven periods in Hong Kong, giving customers a clear advantage in achieving their financial goals. This enhancement further strengthens Chubb MyLegacy V as a leading savings insurance solution, making wealth planning simpler and more achievable. We are proud to support our customers as they build a lasting legacy with confidence."

    Chubb MyLegacy V Insurance Plan is the latest edition of the Chubb MyLegacy Insurance Plan series. For more information, please refer to: https://www.chubb.com/hk-en/personal/chubb-my-legacy-insurance-plan-v.html

    This article is intended for general reference only and should not be regarded as professional advice, recommendation and does not form part of the policy. This article should be read along with other materials which cover more product information. Such materials include, but not limited to, product brochures setting out key product risks, policy provisions that contain the detailed terms and conditions, benefit illustrations (if any), policy documents and other relevant promotional or marketing materials, which are all available upon request. You might also consider seeking independent professional advice if needed. This article is intended to be displayed in Hong Kong only and does not construe as an offer to sell or solicitation to buy or provision of any insurance products outside Hong Kong. The above plan is a standalone policy and may be purchased independently without bundling with other insurance products

    Notes:

    1. "6-year guaranteed breakeven" means the guaranteed cash value will be equal to or greater than the total premiums paid as of the 6th policy anniversary.
    2. As of April 24, 2026, this comparison is based on major savings insurance products with the same premium payment term type, offered by major long-term insurers listed on the Register of Authorized Insurers in Hong Kong, as authorised by the Insurance Authority.


    Appendix

    About Chubb MyLegacy Insurance Plan V ("Chubb MyLegacy V")

    • Product Nature: A participating whole life insurance plan.
    • Target Segments: Clients who are seeking flexible legacy planning solutions and opportunities for wealth growth
    • Two plan options under the series. Customers may select either plan individually or combine both, tailoring their choices to financial needs. This approach enables a balance between long-term wealth growth and guaranteed short-to-mid-term returns, with greater transferability than traditional financial products such as time deposits.

    Chubb MyLegacy V - Harvest Chubb MyLegacy V – Blossom
    Payment terms 3 / 5 years 2 / 5 / 8 / 12 years
    Positioning Faster breakeven and short-to-mid-term wealth accumulation Highly competitive mid-to-long-term returns (potential Internal Rate of Return up to 6.5%), with optimized legacy planning

    • Flexible and Economical Alternative for Trusts

      Chubb MyLegacy V offers the high-level flexibility required to fulfill bespoke legacy planning needs, serving as a 'simplified trust' solution:

      o Dynamic Succession Planning: Customers can change the Insured as many times as they wish.

      o Multi-Successor Features: Appoint up to five successor owners with specified sequence of succession.

      o Customized Settlement Options: Up to 10 settlement options, such as choice of lump sum, installments, or a combination of both for death proceeds.

      o Policy Continuation Option: Designated beneficiary to become the owner and insured of a new Chubb MyLegacy V policy when the insured passes away.

      o Split Policy Option: Convert partial surrender value into a new policy for another insured, retaining the original policy year and date to support multiple purposes of legacy planning.

      o Policy Guardian: Flexible pre-arranged withdrawals and designated interim owner to ensure minor successor owners are supported until adulthood.

      o Charitable Giving: Designate charitable organizations as policy beneficiaries.

    Hashtag: #Chubb

    The issuer is solely responsible for the content of this announcement.

    About Chubb

    Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 45,000 people worldwide. Additional information can be found at: .

    ** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

HANOI, VIETNAM - Media OutReach Newswire - 1 June 2026 - VinDynamics, a technology company under Vingroup, has officially unveiled its first humanoid robot, Dyno, at two of the world's premier technology and robotics events: the IEEE International Conference on Robotics and Automation (ICRA 2026), taking place from June 1 to 5 in Vienna, and Computex Taipei 2026, held from June 2 to 5 in Taipei. The debut marks a significant milestone in VinDynamics' journey toward mastering humanoid robotics technology while demonstrating the research and development capabilities of Vietnamese engineers on the global technology stage.

At the center of VinDynamics' showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments.

At the center of VinDynamics' showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments.

At the center of VinDynamics' showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments. Equipped with an advanced AI platform and a highly responsive environmental sensing system, Dyno is optimized for security and surveillance applications across urban areas, campuses, and integrated service complexes. The robot is also being developed as a household assistant capable of supporting a wide range of everyday tasks through its flexible arm span and dexterous object manipulation capabilities.

A key highlight at both ICRA 2026 and Computex 2026 is Dyno's live demonstration as a robotic guide. The humanoid robot was previously piloted at Vinpearl Safari Phu Quoc, one of Vietnam's largest semi-wildlife conservation parks. Operating in a demanding outdoor environment, Dyno demonstrated natural communication abilities, multilingual narration, and flexible responses to visitors' questions, delivering a distinctive and engaging guest experience.

The pilot program at Vinpearl Safari showcased Dyno's adaptability in real-world service scenarios and highlighted the potential of humanoid robots across tourism, hospitality, and customer service applications. Its ability to operate reliably in real-world environments, handle dynamic situations, and interact directly with people represents an important step toward future commercial deployment of humanoid robotics.

At both events, VinDynamics is also presenting a comprehensive robotics technology ecosystem developed by its team of Vietnamese engineers. In addition to the fully-integrated Dyno humanoid robot, the company is showcasing two high-value core components: a specialized actuator system and a robotic hand with internationally-benchmarked dexterity. VinDynamics is also introducing a dedicated AI training dataset optimized for real-world application scenarios.

Mastering the entire humanoid robotics value chain, from hardware to software and from mechanical design to artificial intelligence, stands as clear evidence of the research and development capabilities of Vietnamese engineers. VinDynamics' efforts also provide a strong foundation for its global expansion strategy and long-term technology partnerships with leading technology corporations, research institutions, and international enterprises in robotics and AI. These initiatives will gradually position humanoid robotics developed by Vietnamese engineers more deeply within the global technology value chain.

Mr. La Manh Hung, Chairman of VinDynamics, said: "The introduction of Dyno at ICRA 2026 and Computex 2026 is not only an important milestone for VinDynamics but also reflects the aspirations of Vietnamese engineers to contribute to one of today's most advanced technology fields. With the belief that humanoid robots will play an increasingly important role in daily life, VinDynamics is focused on developing practical technologies with people at the center."

Founded in September 2025, VinDynamics is Vingroup's pioneering humanoid robotics company, with a vision to develop versatile, human-centric robots capable of seamlessly integrating into everyday life and scaling globally. As the global humanoid robotics market is projected to reach tens of trillions of dollars by 2050, driven by rapid advances in AI, sensors, and automation, VinDynamics' presence at ICRA 2026 and Computex 2026 further reinforces the pioneering role of Vietnamese enterprises in one of the 21st century's most strategic technology trends.

Hashtag: #VinDynamics

The issuer is solely responsible for the content of this announcement.

About VinDynamics

VinDynamics is a technology company under Vingroup, dedicated to the research, development, and manufacturing of advanced robotics and automation solutions, particularly in the field of humanoid robots. Leveraging cutting-edge technologies such as artificial intelligence, mechatronics, and motion control, VinDynamics aims to deliver intelligent, safe, and cost-effective robotic products that enhance productivity and improve quality of life.

Learn more at:

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

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